India Leads in Crypto Adoption for Second Straight Year, Report Shows

India Leads in Crypto Adoption for Second Straight Year, Report Shows

India led the way in global adoption of cryptocurrencies for the second straight year as investors braved the country’s tough regulatory stance and steep trading taxes, a report from blockchain analytics company Chainalysis showed on Wednesday. The report, which tracks adoption across four sub-categories in 151 countries, showed India ranked…

Crypto Ransom Attack Payments Hit Record  Billion in 2023: Chainalysis

Crypto Ransom Attack Payments Hit Record $1 Billion in 2023: Chainalysis

Payments from crypto-related ransom attacks nearly doubled to a record $1 billion (roughly Rs. 8,304 crore) in 2023, blockchain analytics firm Chainalysis said on Wednesday. Scammers targeting institutions such as hospitals, schools and government offices for ransom pocketed $1.1 billion (roughly Rs. 9,133 crore) last year, compared with $567 million (roughly…

Analytics Firm Chainalysis Among FTX’s Long List of Creditors, Reveals Court Filing

Analytics Firm Chainalysis Among FTX’s Long List of Creditors, Reveals Court Filing

Crypto analytics firm Chainalysis has disclosed that FTX owes it money in connection with the bankruptcy proceedings for the beleaguered cryptocurrency exchange. Chainalysis was listed as a creditor in filings submitted to the Delaware bankruptcy court on Wednesday, and it requested that any pertinent records be delivered to its attorneys….

Chainalysis Launches Subsidiary to Assist US Government Agencies in Investigating Crypto Crimes

Chainalysis Launches Subsidiary to Assist US Government Agencies in Investigating Crypto Crimes

Chainalysis, a blockchain analytics firm, has launched its subsidiary dubbed Chainalysis Government Solutions, which aims to aid US government agencies in investigating crimes related to crypto. The firm has already dealt with US government agencies in the past on a number of separate probes and a new study by the…